Best Loan Against Property rates in Vellore, 2026.
Reviewed by Rushik Patel· Last reviewed: stale
Vellore, home to CMC Hospital and VIT University, has steady real-estate demand from medical and education professionals. Sathuvachari and Katpadi are the top residential corridors near the major institutions.
Best loan against property rates in Vellore, Tamil Nadu start from 8.75% per annum in 2026, with loans up to Rs 10 crore and tenure up to 20 years across 40+ banks. Money Matrix Hub is a free DSA loan-advisory service.
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Compare loan against property rates from 15+ banks in Vellore starting 8.75% p.a.
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Loan Against Property Rates in Vellore — Bank-wise Comparison
Updated April 2026. Showing 15 banks serving Vellore.
| Bank | Rate (p.a.) | Key Feature |
|---|---|---|
| SBI | 8.75% – 10.5%Lowest | Up to 65% LTV |
| Bajaj | 8.75% – 11%Lowest | Up to 70% LTV |
| BoB | 8.85% – 10.75% | Up to 65% LTV |
| PNB | 8.9% – 10.9% | Up to 60% LTV |
| Union | 8.9% – 11% | Up to 60% LTV |
| Canara | 8.95% – 11% | Up to 60% LTV |
| HDFC | 9% – 11% | Up to 70% LTV for residential |
| ICICI | 9% – 11.5% | Up to 65% LTV |
| LIC | 9% – 11.25% | Up to 60% LTV |
| Federal | 9% – 11.5% | Up to 65% LTV |
| Tata | 9% – 11.75% | Up to 65% LTV |
| Axis | 9.25% – 11.75% | Up to 60% LTV |
| Kotak | 9.25% – 12% | Up to 65% LTV |
| IDFC | 9.25% – 12% | Up to 65% LTV |
| Bandhan | 9.5% – 12% | Up to 60% LTV |
Updated April 2026: 15 banks offer loan against property in Vellore from 8.75% per annum. Actual rate depends on applicant profile, loan amount, and property location in Vellore.
Loan Against Property Eligibility in Vellore
General eligibility criteria for loan against property applicants in Vellore, Tamil Nadu.
Salaried Applicants
- Age: 21 – 65 years
- Min Income: Rs 25,000/month
- Work Experience: 2 years
- CIBIL Score: 700+
- Property in Vellore or Tamil Nadu
Self-Employed Applicants
- Age: 21 – 70 years
- Min Income: Rs 3 Lakhs/year ITR
- Business Vintage: 3 years
- CIBIL Score: 680+
- Business registered in India
How to Get a Loan Against Property in Vellore — Step by Step
Our Vellore team handles the entire process from application to disbursal.
Share Your Requirements
Tell us your Loan Against Property needs in Vellore — amount, tenure preference, and property details. Our advisor will evaluate your profile within 30 minutes.
Compare 40+ Bank Offers
We fetch live rates from all banks in Vellore and present you a side-by-side comparison showing rate, EMI, processing fee, and total interest payable.
Choose Your Best Offer
Pick the bank that suits you best based on rate, tenure flexibility, and service quality in Vellore. We explain every term in plain language.
Documentation & Filing
Our team in Vellore helps you compile the complete document set, fills out the application form, and submits it to the bank — saving you hours of branch visits.
Sanction & Disbursal
We follow up with the bank for swift processing. Expect sanction within 48 hours and disbursal within 7-10 working days in Vellore. We stay with you until the last rupee is credited.
Documents Required for Loan Against Property in Vellore
Keep these documents ready to speed up your loan against property application in Vellore.
For Salaried Applicants
- 1PAN Card & Aadhaar Card
- 2Last 6 months salary slips
- 3Last 2 years ITR / Form 16
- 4Last 6 months bank statements
- 5Property documents (Title deed, tax receipts, approved plan)
- 6Encumbrance certificate
- 7Passport-size photographs
For Self-Employed Applicants
- 1PAN Card & Aadhaar Card
- 2Last 3 years ITR with computation
- 3Last 3 years audited financials
- 4Last 12 months bank statements
- 5Property documents (Title deed, tax receipts)
- 6Encumbrance certificate (15 years)
- 7Business registration documents
Loan Against Property in Vellore — Frequently Asked Questions
Common questions about loan against property in Vellore, Tamil Nadu.
What are the current Loan Against Property rates in Vellore in 2026?
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What documents are needed for a Loan Against Property in Vellore?
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Other Loan Products in Vellore
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